Federal suppliers vying for $80 billion in annual contracts will need to demonstrably manage conflicts of interest, protect workers and the environment, and pay tax under a new ethics code triggered by a string of scandals.
The requirements — which also apply to subcontractors — and several other integrity and ethical demands are in a new draft Commonwealth Supplier Code of Conduct, with a final version to be in force from April with the sign off from Finance minister Katy Gallagher.
Failure to adhere will be grounds for terminating deals and the government will be able to investigate adherence to the new code.
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